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30 Dec 2014
EUR/JPY holds above 145.00
FXStreet (Córdoba) - EUR/JPY fell sharply Tuesday as risk aversion and anxiety over Greek snap elections pushed the pair down to a 2-week low.
EUR/JPY dropped more than 150 pips throughout the day but managed to stay above the 145.00 level, hitting a low of 145.09. The euro has managed to recover some ground during the last hours and it is currently trading around 145.40, recording a % loss against the yen.
EUR/JPY technical levels
As for technical levels, if EUR/JPY breaks below 145.10 (daily low), next supports are seen at 144.95 (Dec 16 low) and 144.55 (50-day SMA). On the flip side, resistances could be found at 146.00 (psychological level), 146.32 (10-day SMA) and 146.73 (daily high).
EUR/JPY dropped more than 150 pips throughout the day but managed to stay above the 145.00 level, hitting a low of 145.09. The euro has managed to recover some ground during the last hours and it is currently trading around 145.40, recording a % loss against the yen.
EUR/JPY technical levels
As for technical levels, if EUR/JPY breaks below 145.10 (daily low), next supports are seen at 144.95 (Dec 16 low) and 144.55 (50-day SMA). On the flip side, resistances could be found at 146.00 (psychological level), 146.32 (10-day SMA) and 146.73 (daily high).